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Super Evil Megacorp raises $26 million, wants mass-market eSports

Super Evil Megacorp, the publisher behind mobile MOBA, Vainglory, has received $26 million in funding, with Index Ventures leading the investment round.

Chris Kerr, News Editor

August 10, 2015

1 Min Read

Super Evil Megacorp, the publisher behind mobile MOBA Vainglory, has received $26 million in funding, with Index Ventures leading the investment round. 

While clearly pleased with Super Evil's $26 million haul, COO, Kristian Segerstrale -- formerly of Supercell, Glu, EA, and Playfish -- was keen to emphasize that the new investors aren't just bringing cash to the table. 

"While the $26 million number is pretty cool, fundraising is actually mostly not about the money, contrary to what people think. Fundraising is about choosing amazing partners to help you grow as a company," Segerstrale said. The company intends on turning Vainglory into a "mass-market eSport."

On top of its successful funding round, Super Evil also lifted the lid on the Vainglory International Premier League, which will open its doors on August 16. 

Founded in partnership with Korean eSports outfit OGN, the "elite competition" will feature the best teams in the world competing for a chunk of a $70,000 prize pool. The first season will take place over six weeks and will be broadcast live on prime-time TV in Korea.

The publisher also revealed a strategic partnership with Giant Interactive, who'll be helping launch, optimize, and update Vainglory in China. 

About the Author(s)

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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